News
Parkway Life REIT’s profits jump 8.5% to $25.1m in Q1
Thanks to bigger yields from recently acquired assets.
Chart of the Day: Singapore redundancies count edging close to financial crisis levels
15,580 workers were laid off last year.
Mapletree Industrial Trust’s income inches up 0.1% to $50.4m in Q4
Thanks to contribution from its new data centre.
Daily Markets Briefing: STI down 1.37%
Expect muted gains today.
Daily Briefing: Singapore bets on rising Asia middle class; Consumer prices down in record slump
And Singapore takes the smart city to a new level.
SGX teams up with China Construction Bank to attract more Chinese listings
Both direct and secondary listings are on target. The Singapore Exchange (SGX) has inked a memorandum of understanding (MOU) with China Construction Bank (CCB) to promote domestic capital markets to Chinese companies. Under the MOU, SGX and CCB will collaborate to bring Chinese companies to list in Singapore, especially through SGX’s Direct Listing Framework. CCB is among the issue managers accredited by SGX to assist companies in raising capital on the exchange. As part of the MOU, it will also advise its SGX-listed clients looking to tap the secondary market for further fund-raising. The MOU will also encourage Chinese companies to issue offshore Renminbi bonds , undertake mergers & acquisitions, establish cross-border asset management services and other capital market activities in Singapore. In addition, CCB will explore derivatives trading, bond trading and other business activities in Singapore. There are currently 120 Chinese companies and 103 RMB bonds listed on
Inflation books 17th straight month of contraction with 1% fall in March
On back of hefty decline in transport costs.
Over 4 in 10 Singaporeans are disgruntled with residential market: survey
Expensive prices are a top concern.
Singapore Tourism Development Fund to get $700m boost from 2016 to 2020
It's to aid the local tourism sector's transformation.
Bumitama Agri’s FFB yield plummets 24% to 3.1t/ha
Last year’s El Nino is still hurting output.
Marco Polo gains stay of proceedings in legal battle with Sembcorp Marine unit
Arbitration proceedings have already commenced.
SGREIT’s earnings jump 7% YoY to $41.6m in Q3
Thanks to Myer Centre Adelaide’s contributions.
Raffles Med’s Q1 profits inch up 3.7% to $15.5m
On back of increased staff expenses.
Chart of the Day: No light at the end of the tunnel for Singapore’s NODX
External demand is showing no sign of a rebound.
Frasers Centrepoint Trust’s profits inch up 0.4% to $33.7m in Q2
Thanks to lower tariffs, write-back of property tax provision.
Daily Markets Briefing: STI down 0.69%
Prepare for a pullback today.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore